Harder to damage/overtorque a small fastener with a 1/4 than a 3/8. Definitely has it's place, and 1/4 sets can be had pretty cheap. I use an SK (USA) similar to the one above (mine is a Tuff1, not a palm drive), and it does the job nicely. My favorite 1/4-inch so far.
The Williams m-52 (USA) is a pretty nice ratchet that won't cost you too much. Handle/Knurling feels a little cheap, but it's pretty smooth.
The Blackhawk GW-9955B (USA, of global components) is a nice, well-built ratchet that won't break the bank, too. Beware that it has an 8 degree arc, not the 4 degree that's advertised. It's a single-pawl unit. Nothing wrong with an 8-degree arc, but I thought it was dishonest to claim it as a 4-degree, dual-pawl unit when it is really an 8-degree, single-pawl. Still, it feels like you could use it as a hammer. Nice chrome and very, very solid.
But, honestly, for such low-torque applications, a Craftsman RP set (USA) should do the job well and is very inexpensive.
The Kobalt (when on sale) and HF Pro sets are nice and cheap, if you're OK with a foreign COO (both Taiwan).
Lots of inexpensive options, and I think there's no reason not to have one.